quarter of 2020. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is

disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government

travel restrictions which affect the number of both Thai and foreign tourists. In addition, purchasing power of consumers is thoroughly affected and this negatively impacts private consumption, although

Significant Event Operating Highlights in Q1/2024 Q1/23 Q1/24 Change +/(-) (THB million) %YoY Operating Revenue 264 340 29% Gross Profit 168 226 35% EBITDA 80 113 41% Net Profit (Loss) for the Company 34 54 59

economy for the first quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in

amortization Operating highlight in Q1/2018 Q1/17 Q4/17 Q1/18 Change +/(-) (THB million) QoQ YoY Operating revenue 5,366 4,849 5,716 18% 7% Gross profit 1,098 1,315 1,647 25% 50% EBITDA 915 1,137 1,482 30% 62

securities purchasing or securities lending for sale; “Cash account” means an account recording transactions relating to purchasing or selling of securities excluding from margin account; “Office” means the

holders. “Central securities depository” means any central securities depository under the law on securities and exchange; “Margin account” means an account of client’s loan for securities purchasing or

, outbound tourists, and economic activity. However, the rising inflation was an emerging factor pressuring purchasing power for price-sensitive consumers to look for cheaper packages. • Competition in the

(+6.05%). The purchasing power of customers has been declining since the third and fourth quarters of last year, which caused IT device sales to significantly decline. The main cause for the decline is the